Home Scholarships Fully Funded Monaco Scholarships 2024/2025

Fully Funded Monaco Scholarships 2024/2025

As one of the wealthiest and most scenic countries in the world, Monaco is a coveted destination for students seeking high-quality education. This small, Mediterranean country is renowned for its top-tier institutions and abundant scholarship opportunities.

But as with many treasures, finding these scholarships can be a challenging task. That’s why we’ve curated a list of 5 fully funded Monaco scholarships, to give your academic journey a jet-propelled start.

IUM Merits-Based Scholarships

Studying at the International University of Monaco (IUM) is a golden ticket to academic prestige. The university’s merit-based scholarships offer a gateway to this world of excellence. Catering to both undergraduate and postgraduate students, these scholarships cover the entire cost of tuition. The selection process, as expected, is a rigorous one. 


  • The amount varies depending on the program and the applicant’s merit.
  • Information on specific funding amounts is not openly available. You’ll need to contact the IUM admissions office for details.


  • Open to all nationalities.
  • Applicants must meet the admission requirements for their chosen program.
  • Strong academic background is essential.
  • Leadership potential and commitment to IUM’s mission are considered.

Application process:

  • You apply for your chosen program through the regular admissions process.
  • There is no separate application for the merit-based scholarship.
  • Your academic achievements, leadership experiences, and motivation for studying at IUM will be assessed during the program application review.

This scholarship is an exceptional opportunity for those who believe in their potential and are ready to prove it.

Apply Now 

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The Monaco Government Undergraduate Scholarships

As part of their commitment to fostering excellence, the Monaco government generously funds these scholarships for undergraduate scholars who demonstrate academic brilliance, leadership, and dedication to their chosen disciplines. 


  • Open to international students from all nationalities.
  • Enrolled in or applying to a recognized undergraduate program in Monaco.
  • Demonstrating strong academic record and potential.
  • Meeting specific criteria for the chosen scholarship type (e.g., income requirements for Independent Household Awards).

Application Process:

  • Applications are usually submitted online through the website of the Department of Education, Youth and Sports of the Monaco Government.
  • Deadlines vary depending on the scholarship type and academic year.
  • Required documents include academic transcripts, letters of recommendation, and proof of financial need (for Independent Household Awards).
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So, if you’re ready to go deep into your passion and manifest your academic vision, this scholarship might be your golden opportunity.

Apply Now 

The Monaco Oceanographic Museum Scholarships

This esteemed institution opens the door to those fascinated by the mysteries of our oceans, supporting the upcoming wave of marine scientists and researchers. 

Benefits of the Monaco Oceanographic Museum Scholarships:

  • Financial support: Focus on your studies and research without the burden of tuition fees or living expenses.
  • World-class education: Learn from leading marine scientists and researchers at the forefront of their fields.
  • Unique research opportunities: Conduct research in a world-renowned oceanographic institute with access to cutting-edge facilities and data.
  • International exposure: Network with a diverse community of students and researchers from around the globe.
  • Career prospects: Gain valuable experience and skills that can open doors to exciting careers in marine science and conservation.


  • Open to international students from all nationalities.
  • Enrolled in or applying to a relevant Master’s or PhD program at the Monaco Oceanographic Museum or Institut océanographique.
  • Demonstrating strong academic record and research potential in marine science or a related field.
  • Fluent in English (and French for the Prince Albert II scholarships).

Application Process:

  • Applications are typically submitted online through the Monaco Oceanographic Museum website.
  • Deadlines vary depending on the scholarship program and academic year (usually around March/April).
  • Required documents include academic transcripts, letters of recommendation, research proposals (for Institut océanographique scholarships),

So, if you have your heart set on exploring the deep blue, and have a commitment to making waves in the marine world, this scholarship could very well be your anchor. Are you ready to embark on this exciting voyage?

Apply Now 


Can I study in Monaco for free?

While completely free education might be rare, studying in Monaco for significantly reduced costs is possible:

  • Scholarships: Several scholarships, like the Monaco Government Undergraduate Scholarships and the Monaco Oceanographic Museum Scholarships, offer full tuition coverage and stipends for living expenses.
  • Financial aid: Some universities like the International University of Monaco (IUM) offer merit-based and need-based financial aid options.
  • Part-time work: Students are allowed to work part-time (up to 20 hours) to contribute to their expenses.
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Remember: Competition for scholarships and financial aid is high, so strong academic records and compelling applications are key.

Which country is easiest to get a fully funded scholarship?

New Zealand is widely considered to be one of the easiest countries in the world to get a fully funded scholarship. The New Zealand government has a strong commitment to providing financial support for international students, and there are a variety of scholarships available through the country’s universities.

In addition, the cost of living in New Zealand is relatively low, making it an affordable place to study. And with its stunning natural landscapes and laid-back culture, New Zealand is an appealing destination for many students. S

How do you get a 100% scholarship?

While there is no surefire way to get a 100% scholarship, there are some steps you can take to increase your chances. First and foremost, it’s important to start researching scholarships early on, as many have strict deadlines. Make a list of the scholarships you’re interested in and check to see if you meet the requirements. If you do, the next step is to craft a strong and compelling application, highlighting your achievements and academic credentials.

How much money do you need to study in Monaco?

Cost of living in Monaco depends on factors like your lifestyle, accommodation choices, and spending habits. 


  • Tuition fees: Range from €10,000 to €25,000 per year, depending on the program and university.
  • Living expenses: Can range from €800 to €1,500 per month for basic needs like housing, food, and transportation.

Is Monaco expensive for international students?

Compared to other European countries, Monaco is generally more expensive due to its reputation and smaller size. However, with budgeting, scholarship opportunities, and part-time work possibilities, studying in Monaco can be manageable.


So there you have it, five fully funded scholarships that can help catapult your academic journey in Monaco. Whether you’re an aspiring environmentalist, a budding marine biologist, an artist in the making, or a scholar ready to excel in your chosen field, these scholarships offer a stepping stone towards achieving your dreams. 

While the application process may be rigorous and demanding, the rewards are unparalleled. Apart from full tuition coverage, you also get a chance to immerse yourself in Monaco’s vibrant culture and idyllic environment. Remember, your dedication, passion, and potential are the keys to securing these scholarships. So, get ready to put your best foot forward, make your application standout, and embark on an exciting new chapter of your academic journey in one of the most coveted education destinations in the world, Monaco. The opportunities are endless and the journey, undoubtedly, exhilarating!

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